LCOH

Shell and Verdagy to Collaborate on Renewable Hydrogen Projects

Retrieved on: 
Donnerstag, März 28, 2024
Completion, HAZOP, MOSS, LCOH, Safety, Primary energy, Renewable energy

MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy, a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects. Verdagy worked with the Shell team to successfully complete a rigorous "HAZOP" (safety) review along with a detailed Design and Technology Development Review of Verdagy's electrolyzers, as necessary and important steps to commercial adoption within Shell.

Key Points: 
  • Shell to Endorse Verdagy Renewable Hydrogen Electrolyzers After Successful, Year-Long, Completion of Detailed Technology, Design and Safety Reviews
    MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy , a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers.
  • This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.
  • "Verdagy has developed and commercialized dynamic and cost-competitive electrolyzers for infrastructure-scale projects," said Andrew Beard, Vice President of Hydrogen, Shell.
  • Verdagy uses the 20 MW electrolyzer as a building block for infrastructure-scale, (100 MW and larger) renewable hydrogen installations.

Shell and Verdagy to Collaborate on Renewable Hydrogen Projects

Retrieved on: 
Donnerstag, März 28, 2024
Completion, HAZOP, MOSS, LCOH, Safety, Primary energy, Renewable energy

MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy, a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers. This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects. Verdagy worked with the Shell team to successfully complete a rigorous "HAZOP" (safety) review along with a detailed Design and Technology Development Review of Verdagy's electrolyzers, as necessary and important steps to commercial adoption within Shell.

Key Points: 
  • Shell to Endorse Verdagy Renewable Hydrogen Electrolyzers After Successful, Year-Long, Completion of Detailed Technology, Design and Safety Reviews
    MOSS LANDING, Calif., March 28, 2024 /PRNewswire/ -- Verdagy , a renewable hydrogen electrolysis company with over a decade of technology and product development experience, announced today that Shell provided technical endorsement of Verdagy's eDynamic® electrolyzers.
  • This major step qualifies Verdagy as a supplier in its upcoming green hydrogen projects.
  • "Verdagy has developed and commercialized dynamic and cost-competitive electrolyzers for infrastructure-scale projects," said Andrew Beard, Vice President of Hydrogen, Shell.
  • Verdagy uses the 20 MW electrolyzer as a building block for infrastructure-scale, (100 MW and larger) renewable hydrogen installations.

Verdagy Awarded $39.6 Million Grant from the Department of Energy

Retrieved on: 
Donnerstag, März 14, 2024
AWE, MOSS, Silicon, LCOH, Hydrogen, Primary energy, DOE, Renewable energy

MOSS LANDING, Calif., March 14, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, has been awarded a $39.6M grant (pending negotiations) by the Department of Energy (DOE) to accelerate the high-volume manufacturing of Advanced Alkaline Water Electrolysis (AWE) eDynamic® electrolyzers in the company's Silicon Valley factory.

Key Points: 
  • "Verdagy's grant award from the DOE is an important step in accelerating the mass adoption of green hydrogen and in growing US manufacturing," said Verdagy CEO Marty Neese.
  • "I'm proud of the entire Verdagy team's efforts to develop and commercialize the most efficient, cost-competitive, and scalable green hydrogen solutions to serve the broadest set of industries.
  • Verdagy will commence shipments from the Newark, CA manufacturing facility in 2025 to enable infrastructure-scale green hydrogen deployments.
  • The company is committed to achieving the Department of Energy's goal of $2/kg of levelized cost targets for green hydrogen by 2026.

Accomplished Energy Leader, David Bow Appointed as Chief Commercial Officer at Verdagy

Retrieved on: 
Dienstag, März 12, 2024
Hydrogen, Proton, Senior, Marketing, MOSS, CCO, LCOH, Bow

MOSS LANDING, Calif., March 12, 2024 /PRNewswire/ -- Verdagy, a green hydrogen electrolysis company with over a decade of technology and product development, announced today the appointment of David Bow as Chief Commercial Officer (CCO). Bow will lead Verdagy's revenue, sales and business development.

Key Points: 
  • MOSS LANDING, Calif., March 12, 2024 /PRNewswire/ -- Verdagy , a green hydrogen electrolysis company with over a decade of technology and product development, announced today the appointment of David Bow as Chief Commercial Officer (CCO).
  • "I'm delighted to welcome David Bow on board as Verdagy's Chief Commercial Officer."
  • "I am excited to join Verdagy at a pivotal time as the company scales up commercial deployments and decarbonizes hard-to-abate industries," said Verdagy CCO David Bow.
  • Bow joins the company as Verdagy is ramping up commercial deployments and accelerating the adoption of green hydrogen.

IDTechEx Discusses Future Directions for the Green Hydrogen & Electrolyzer Market Growth

Retrieved on: 
Freitag, März 8, 2024
Hydrogen, Oxygen, Bev, Aircraft, Seawater, Ammonia, Electrolysis, HAR1, Fertilizer, Natural gas, Transport, Hydrogen production, Growth, SMR, Renewable energy, CO2, Government, Attention, SOEC, Capital expenditure, Players, Electricity, Energy, AWE, IRA, Methanol, PEM, DOE, LCOH, Water, AEL

This article provides an overview of some key drivers as well as future directions for the electrolyzer market.

Key Points: 
  • This article provides an overview of some key drivers as well as future directions for the electrolyzer market.
  • Water electrolyzer technologies for green hydrogen production and electrolyzer manufacturing & installation growth.
  • Certainly, growth in the electrolyzer market across all four electrolyzer types will be needed to meet ambitious national and regional targets for green and clean hydrogen production.
  • The new IDTechEx report, "Green Hydrogen Production & Electrolyzer Market 2024-2034: Technologies, Players, Forecasts", forecasts significant growth in the green hydrogen market, both in terms of project installations and electrolyzer manufacturing capacity, offering 10-year market forecasts in gigawatts (GW) of electrolyzer capacity and US$ billions (US$B) for the key electrolyzer technologies: AWE, PEMEL, AEMEL and SOEC.

IDTechEx Discusses Future Directions for the Green Hydrogen & Electrolyzer Market Growth

Retrieved on: 
Freitag, März 8, 2024
Hydrogen, Oxygen, Bev, Aircraft, Seawater, Ammonia, Electrolysis, HAR1, Fertilizer, Natural gas, Transport, Hydrogen production, Growth, SMR, Renewable energy, CO2, Government, Attention, SOEC, Capital expenditure, Players, Electricity, Energy, AWE, IRA, Methanol, PEM, DOE, LCOH, Water, AEL

This article provides an overview of some key drivers as well as future directions for the electrolyzer market.

Key Points: 
  • This article provides an overview of some key drivers as well as future directions for the electrolyzer market.
  • Together, fossil fuel-based production of hydrogen accounts for over 98% of all hydrogen produced, with low-carbon hydrogen (green and blue) occupying the small remaining share.
  • Certainly, growth in the electrolyzer market across all four electrolyzer types will be needed to meet ambitious national and regional targets for green and clean hydrogen production.
  • The new IDTechEx report, "Green Hydrogen Production & Electrolyzer Market 2024-2034: Technologies, Players, Forecasts", forecasts significant growth in the green hydrogen market, both in terms of project installations and electrolyzer manufacturing capacity, offering 10-year market forecasts in gigawatts (GW) of electrolyzer capacity and US$ billions (US$B) for the key electrolyzer technologies: AWE, PEMEL, AEMEL and SOEC.

IDTechEx Reports on Hydrogen's Decade Ahead: Energizing the Future

Retrieved on: 
Montag, Januar 15, 2024
Hydrogen, Methanol, Pipeline, Research, LH2, Air Products, AWE, Chiyoda Corporation, Electricity, LOHC, CHP, KOH, Steel, Uniper, DRI, SMR, Growth, CO2, Bev, LCOH, Aviation, Renewable energy, Heat, Policy, Climate change mitigation, LRC, Transport, Kawasaki Heavy Industries, Linde, Nickel, PGM, Toyota, Ammonia, Atmospheric pressure, Investment, Hyundai, Nafion, PEM, Plant, Iridium, Iron, Natural gas, Port, HESC, Traction, Suiso Frontier, CCUS, Shaheen Foundation, Methane, Distribution, Nexø, Platinum, Mirai, ATR, Air Liquide, POX, Daimler Truck

IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.

Key Points: 
  • IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.
  • However, IDTechEx predicts AWE and PEMEL will lead the market in the coming decade due to their established presence.
  • Major steelmaking companies view this as the future of sustainable steel, anticipating it to replace carbon-intensive blast furnace processes.
  • IDTechEx offer access to the full portfolio of energy related research through bespoke subscription services – visit www.IDTechEx.com/Energy to find out more.

IDTechEx Reports on Hydrogen's Decade Ahead: Energizing the Future

Retrieved on: 
Montag, Januar 15, 2024
Hydrogen, Methanol, Pipeline, Research, LH2, Air Products, AWE, Chiyoda Corporation, Electricity, LOHC, CHP, KOH, Steel, Uniper, DRI, SMR, Growth, CO2, Bev, LCOH, Aviation, Renewable energy, Heat, Policy, Climate change mitigation, LRC, Transport, Kawasaki Heavy Industries, Linde, Nickel, PGM, Toyota, Ammonia, Atmospheric pressure, Investment, Hyundai, Nafion, PEM, Plant, Iridium, Iron, Natural gas, Port, HESC, Traction, Suiso Frontier, CCUS, Shaheen Foundation, Methane, Distribution, Nexø, Platinum, Mirai, ATR, Air Liquide, POX, Daimler Truck

IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.

Key Points: 
  • IDTechEx anticipates SMR, POX, and ATR to lead the blue hydrogen sector in the coming decade, with ATR potentially dominating new production capacity by 2034.
  • However, IDTechEx predicts AWE and PEMEL will lead the market in the coming decade due to their established presence.
  • Major steelmaking companies view this as the future of sustainable steel, anticipating it to replace carbon-intensive blast furnace processes.
  • IDTechEx offer access to the full portfolio of energy related research through bespoke subscription services – visit www.IDTechEx.com/Energy to find out more.

Technip Energies and John Cockerill Reach Closing of Rely, a New Company Dedicated to Integrated Green Hydrogen and Power-to-X Solutions

Retrieved on: 
Donnerstag, November 30, 2023
Engineering, Environment, Oil, Gas, Manufacturing, Green Technology, Energy, Electricity, OEM, Multimedia, Life, Technip Energies, LCOH, Renewable energy, Hydrogen

Technip Energies and John Cockerill acknowledge the need to accelerate technology development to support net-zero ambitions.

Key Points: 
  • Technip Energies and John Cockerill acknowledge the need to accelerate technology development to support net-zero ambitions.
  • The creation of Rely responds to this urgent need to scale up green hydrogen and power-to-X(1) solutions to decarbonize hard-to-abate industries.
  • With a unique offering integrating all electrolyzer solutions, Rely will bridge green electrons to molecules and help customers reach their decarbonization goals.
  • We are dedicated to building solutions making green hydrogen and power-to-X production at scale, accessible, certain, safe and affordable.

Green Hydrogen Company Ohmium Closes $250 Million Series C Fundraise Led by TPG Rise Climate

Retrieved on: 
Mittwoch, April 26, 2023
Other Energy, Environment, Sustainability, Alternative Energy, Green Technology, Energy, Slate, LLP, Bank of America, International, Kirkland & Ellis, Hydrogen, BofA Securities, Multimedia, Research, TPG, PEM, Skadden, Arps, Slate, Meagher & Flom, LCOH, Climate, Safety, Barclays, Renewable energy

Ohmium International (“Ohmium”), a leading green hydrogen company that designs, manufactures, and deploys advanced proton exchange membrane (PEM) electrolyzer systems, today announced the close of a $250 million Series C growth equity financing.

Key Points: 
  • Ohmium International (“Ohmium”), a leading green hydrogen company that designs, manufactures, and deploys advanced proton exchange membrane (PEM) electrolyzer systems, today announced the close of a $250 million Series C growth equity financing.
  • The round was led by TPG Rise Climate, the dedicated climate investing strategy of TPG’s global impact investing platform TPG Rise, and also included participation from Hanover Technology Investment Management and existing investors Energy Transition Ventures and Fenice Investment Group.
  • The investment will also provide significant capital to scale Ohmium’s business, including accelerating its pioneering research and development programs to reduce the cost of green hydrogen production.
  • “Green hydrogen is critical to the rapid decarbonization of hard-to-abate sectors,” said Ahmad Chatila, Chairman and founding investor of Ohmium and Managing Partner of Fenice Investment Group.